A while back there was talk of Facebook acquiring Twitter; and although there was truth in all the rumors and whispering, questions of the value of the social networking site’s stock were raised and the deal faded into oblivion.
i know facebook's new update was purely out of fear of twitter [i read an article that quoted the maker himself]... if the facebook guy does things right, he won't have anything to fear, because twitter isn't exactly a social networking site, i'd like to talk to my friends, and leave them messages because i don't have time to AIM anymore.
anywho, if google acquires twitter, i'm gonna need to see what all the fuss is about
[citation][nom]fuser[/nom]"In what could be a hugely lucrative deal for Google ..."How is spending $500 million on a service that they could recreate in two weeks going to be hugely lucrative for Google? It sounds obscenely expensive to me.[/citation]
Just because you can make your own running shoes, doesn't mean you shouldn't buy a pair of Nikes. Sure, Google could come up with their own Twitter, but would its userbase match the 6 million people that is Twitter's? Maybe, maybe not. It's the uncertainty that would push them to buy. Look at Orkut, Google's social networking site. Fell on its face for the most part.
I think that it makes perfect sense to buy them and add them to the portfolio then to try to make something comparable.
Let's face it, most average users on the internet aren't very tech savvy and they will keep going to the places they go to now. Buying twitter now nets you ALL of those people, as opposed to trying to get them all to switch.